Logo of Phnom Penh Post newspaper Phnom Penh Post - Japanese firms sign power line agreement

Japanese firms sign power line agreement

Japanese firms sign power line agreement

T.T. Network Infrastructure Japan, a joint venture between global electronics manufacturer Toshiba and Tokyo Electric Power Co Holdings (TEPCO), will operate and maintain 130 kilometres of a 230-kilovolt power transmission line in Cambodia, according to Japanese media yesterday.

The report said that the Japanese joint venture signed the agreement, valued at $14.7 million, with an unnamed Malaysian company. The deal signed by T.T. Network Infrastructure Japan also includes maintenance of two substations and training of workers for a duration of 25 years.

While details about the Malaysian company were not announced, The Post reported earlier this month that Malaysian-owned power infrastructure provider Pestech (Cambodia) Ltd was awarded a $100 million contract to build a 220-kilometre, 230-kilovolt transmission line connecting the Stung Tatai hydropower dam in Koh Kong province to Phnom Penh.

Pestech itself received the contract from the locally owned Alex Corporation – the original firm contracted by the Cambodian government to build the transmission line.

Japanese energy firms have recently increased their presence in Cambodia and last February a fully owned Toshiba subsidiary, Toshiba Plant Systems and Services Corporation, received a contract to build a turnkey 150-megawatt coal-fired power plant for Cambodian Energy II Co Ltd in the coastal province of Preah Sihanouk.

Mey Kalyan, senior adviser at the Supreme National Economic Council, said it was a positive sign that major Japanese energy firms continued to show an interest in Cambodia. He added that the new transmission lines provided another step towards solving the country’s continuing energy problems.

“I’m pleased to see that top-class companies are coming into the country,” he said.

“I hope that energy conditions will continue to improve so that Cambodia can increase investments to the country and improve manufacturing.”

Japanese media reported that T.T. Network Infrastructure was looking to increase revenue by expanding to new markets following its heavy losses and rising costs related to the cleanup of the Fukushima nuclear plant disaster in 2011.

MOST VIEWED

  • Would you like fries with that? US burger chain makes Phnom Penh debut

    California-based The Habit Burger Grill restaurant chain is all set to serve up a delicious array of charbroiled burgers and sides at its newest international location in the centre of Phnom Penh. The Habit is “renowned for its award-winning Charburgers grilled over an open flame,

  • Angkor provides ‘valuable’ water storage

    The Apsara National Authority (ANA) has stored millions of cubic metres of water at reservoirs in the Angkor area after Cambodia experienced a series of rainstorms over the last few days. The storing of the water, besides serving temple conservation, will also be used to

  • Banteay Meanchey flood victims receive aid

    Prime Minister Hun Sen on Wednesday provided aid to more than 10,000 families affected by flooding in Banteay Meanchey province’s Mongkol Borei district and offered his condolences to the 18 victims who drowned in the province over the past week. He said flooding had occured in

  • PM urges caution as Polish man tests positive for Covid

    The Ministry of Health on Wednesday reported that a 47-year-old Polish man tested positive for Covid-19 after arriving in Cambodia on Monday. There are a total of six Covid-19 patients currently in the country, all of whom are being treated at the Khmer-Soviet Friendship Hospital

  • Banteay Meanchey floods kill one more as death toll reaches 15

    As floodwaters start to recede in Pursat, Battambang and Pailin provinces and Phnom Penh, Banteay Meanchey continues to bear the brunt as one more person was killed on Monday, bringing the total number of flood-related deaths to 15 in the province this month. Banteay Meanchey provincial

  • Serving coffee with a side of robots

    The eye-catching glass building surrounded by greenery at the intersection of Streets 371 and 2002 in Phnom Penh’s Sen Sok district is more than just another coffee shop where you can while away a few hours. UrHobby House cafe is filled with robots and characters from